Investors once head over heels in love with hedge funds just aren’t getting what they want from the relationship anymore. They’re moving on to private equity, a new love that is giving investors exactly what they crave: higher returns. In this era of low interest rates, those returns have provided the spark that was missing from investors’ relationships with other asset classes.

If your family office relies on a handful of trusted individuals compiling information manually or on multiple programs such as Excel to manage accounting and reporting, it’s probably time to up your game.

Cybercrime is on the rise. While data breaches at large organizations from SWIFT to the IRS make front-page news, no company large or small is immune. Hedge funds, fund administrators and other firms whose success is built on trust and establishing strong investor relationships stand a lot to lose from a cyberattack. If data integrity or client privacy is compromised, the long-term reputational scar on the firm can far outweigh any monetary cost.